Description
New debt securities of Finkurve Financial Services Limited listed on BSE Debt segment with 11.75% interest rate and 3-year tenure.
Summary
Finkurve Financial Services Limited has listed new debt securities worth ₹21 crore on BSE Debt segment effective August 18, 2025. The securities offer 11.75% annual interest with quarterly payments and mature on August 13, 2028.
Key Points
- Quantity: 2,100 securities of ₹1 lakh face value each
- Issue Price: ₹1,00,000 per security
- Interest Rate: 11.75% per annum
- Credit Rating: CRISIL BBB
- Scrip Code: 977033
- ISIN: INE734I07032
- Date of Allotment: August 13, 2025
Regulatory Changes
No regulatory changes mentioned.
Compliance Requirements
- Securities will trade only in dematerialized form
- Tick size for securities is 1 paise
- Trading members can refer to Placement Memorandum for additional details
Important Dates
- Allotment Date: August 13, 2025
- First Interest Payment: September 30, 2025
- Interest Payment Frequency: Quarterly
- Maturity Date: August 13, 2028
Impact Assessment
Minimal market impact as this is a standard private placement listing of corporate debt securities. The listing provides additional investment options for debt market participants seeking BBB-rated securities with attractive yields.
Impact Justification
Standard debt security listing with limited market impact